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USD/JPY: BEARISH "ENGULFING"
12:25 06.11.2017

1509971024-d174c0894f11ac8af5623dcb3ec99

There's a bearish "Harami", which has been confirmed enough. So, the price is likely going to test the nearest Moving Average. If a pullback from this line happens, there'll be an opportunity to have another upward price movement.

1509971023-2f1c455c4a4d516e5ca0909dff7df

We've got a bearish "Engulfing", so the price is declining. Also, there isn't any reversal pattern so far. In this case, the market is likely going to test the lower "Window", which could be a departure point for another bullish rally.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-engulfing-4893

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EUR/USD: PRICE GOING TO CONTINUE DECLINING
12:28 06.11.2017

1509971023-06e72148f54b6314a03b3627888db

There are bearish patterns such a "Shooting Star" and a "Tweezers", which both have been confirmed. So, the market is likely going to continue declining towards the next support area in the short term.

1509971024-ab13b13af096749b653e95f721e63

The 89 Moving Average has acted as resistance, but there's a bullish "Hammer", which has been formed at the local low. Therefore, we could have a local upward correction and the following decline afterwards.

More:
https://fbs.com/analytics/articles/eur-usd-price-going-to-continue-declining-4894

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GBP/USD: POUND RETURNED TO BOTTOM BORDER OF CLOUD
05:45 07.11.2017

Technical levels: support – 1.3080; resistance – 1.3180.

Trade recommendations:

Sell — 1.3160; SL — 1.3180; TP1 — 1.3080; TP2 — 1.3010.
Reason: bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices returned to the Cloud, under the resistance of horizontal Senkou Span B and Kijun-sen.

1510033482-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-pound-returned-to-bottom-border-of-cloud-4911

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AUD/USD: AUSSIE ENTERED INTO THE CLOUD AGAIN
05:46 07.11.2017

Technical levels: support – 0.7650; resistance – 0.7710

Trade recommendations:

Sell — 0.7670; SL — 0.7690; TP1 — 0.7590; TP2 — 0.7540.
Reason: bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance near 0.7000.

1510033482-42a68b4bfa2f0515dfbaa054e9dba

More:
https://fbs.com/analytics/articles/aud-usd-aussie-entered-into-the-cloud-again-4912

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EUR/USD Daily Analytics
08:40 07.11.2017

1510043545-959c66e6f76549543cbcafa2231e9

The last "Flag" pattern has been broken, so the price is consolidating. The main intraday target is the next support area at 1.1582 - 1.1560. If a pullback from these levels happens, there'll be an opportunity to have a bullish correction in the direction of the closest resistance at 1.1668 - 1.1695.

1510043545-b0d3fc87d3593749f2e667b28ea81

The price is consolidating between the levels 1.1615 - 1.1601. Also, there's a "Flag" pattern, so the pair is likely going to test the 55 Moving Average in the coming hours. If a pullback from this line happens little later on, we could have another decline towards the nearest support at 1.1574 - 1.1560.

More:
https://fbs.com/analytics/articles/eur-usd-flag-pattern-4914

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XAU/USD Daily Analytics
08:40 07.11.2017
Recommendation: SELL $1267 SL $1281 TP1 $1237 TP2 $1212

On the daily chart, XAU/USD keeps fighting for an important level of $1281 an ounce. If the bulls manage to leave the descending trend channel and settle above it, gold will get chance to get to $1299 and $1321. On the other hand, bears’ victory will increase the odds of the pair getting to 78.6% and 200% of Gartley pattern and AB=CD.

1510043728-3c3c5205e2350e553c87bfb24c322

On H1, wait for formation of the wave 4-5 within the widening wedge. Decline below support at $1267 will signal downtrend’s resumption.

1510043817-ccae822ec07d68fa61b1c2713a582

More:
https://fbs.com/analytics/articles/xau-usd-gold-is-painting-a-wedge-4915

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USD/CAD Daily Analytics
08:56 07.11.2017
Recommendation:

BUY 1.2645 SL 1.2590 TP1 1.2745 TP2 1.2845

BUY 1.2585 SL 1.253 TP1 1.2685 TP2 1.2785

On the daily chart, the inability of bulls to conquer resistance at 1.2922 became a reason for bears’ counterattack. As long as the pair’s above support at 1.2462, there are reasons to buy on the pullbacks to the short-term uptrend.

1510044909-1430b06b52ccdf0a9e951da313446

On H1, USD/CAD is forming “Spike with reversal and acceleration”. Rebounds from support in form of the lower border of the uptrend and the upper border of a triangle should be used for opening long positions.

1510044925-5c726ce87bf89e31cdcfbd4c37b26

More:
https://fbs.com/analytics/articles/usd-cad-bulls-made-a-stop-4916

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GBP/USD Daily Analytics
08:56 07.11.2017

1510043545-4098f81ec8ec6125591f3dd0cb5bf

We've got a "Double Bottom", which has been confirmed, so the price reached the 34 Moving Average. In this case, the market is likely going to achieve the next support at 1.3150 - 1.3081 in the short term. However, if a pullback from these levels happens, we could have an upward price movement towards another resistance at 1.3250 - 1.3239.

1510043544-76ace30b1c007b10d8be29bf21c2b

The last "Triple Bottom" pattern led to the current upward price movement, so all the Moving Averages have been broken. Meanwhile, we could have a local bearish correction during the day, but bulls are likely going to reach the next resistance at 1.3205 - 1.3239 afterwards.

More:
https://fbs.com/analytics/articles/gbp-usd-price-reached-the-34-ma-4917

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EUR/USD Daily Analytics
14:03 07.11.2017

1510063297-648abc9cfdea63ca06158e95c5902

The last "Shooting Star" led to the current decline. Also, there isn't any reversal pattern so far. If the 21 Moving Average acts as resistance, we're likely going to have just another decline.

1510063297-dd373282864199e4f2da4a7cb5e2d

We don't have any reversal pattern for now. Yesterday, we had a "Tweezers" pattern, so there's a new local low. In this case, the pair is likely going to test the nearest support area during the day.

More:
https://fbs.com/analytics/articles/eur-usd-shooting-star-led-to-decline-4928

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USD/JPY Daily Analytics
14:05 07.11.2017

1510063297-5b9dd48e37d78622980d13021600b

There's a bullish "Engulfing", which has been formed on the 34 Moving Average. Considering confirmation of this pattern, the price is likely going to test the closest resistance area once again.

1510063297-df06835c130cab39721eccd13bfbc

We've got a "High Wave" pattern on the local high, so the pair is likely going to test the 89 Moving Average. If a pullback from this line happens little later on, we could have another bullish price movement.

More:
https://fbs.com/analytics/articles/usd-jpy-high-wave-on-the-local-high-4929

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EUR/USD Daily Analitycs
06:04 08.11.2017
Technical levels: support – 1.1550, 1.1580; resistance – 1.1620.

Trade recommendations:

Sell — 1.1620; SL — 1.1640; TP1 — 1.1580; TP2 – 1.1550
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are formed new local lows, but needs a correction to Tenkan or Kijun.

1510121059-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-euro-reached-new-lows-4941

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USD/JPY Daily Analitycs
06:05 08.11.2017
Technical levels: support – 113.70; resistance – 114.40.

Trade recommendations:

Buy — 114.00; SL — 113.80; TP1 — 114.40; TP2 — 114.80.
Sell — 113.60; SL — 113.80; TP1 — 113.00; TP2 — 112.40.
Reason: narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the bulls can’t breaking out a resistance of Tenkan-sen and Kijun-sen and the prices returned to Cloud.

1510121059-3dcc4d3b0e9d38341d309e86e7227

More:
https://fbs.com/analytics/articles/usd-jpy-back-again-to-cloud-4942

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USD/CHF Daily Analitycs
07:00 08.11.2017
Recommendation:

BUY 1.0035 SL 0.998 TP1 1.0145 TP2 1.0235

SELL 0.994 SL 0.9995 TP1 0.9875 TP2 0.984

On the daily chart, USD/CHF consolidated after reaching 224% target of AB=CD. A triangle was formed. A break of its upper border will allow bulls to continue rally towards 1.0145 and 1.0235.

1510124299-a5903a7f3cf43bc4f33886526fd84

On H1, USD/CHF keeps forming a ledge within “Spike and ledge” pattern. A successful test of resistance at 1.0035 will open the way up to bulls. On the other hand, decline below support at 0.9940 will let bears develop correction.

1510124323-351a015a31e5fdb2fee97b43bc66a

More:
https://fbs.com/analytics/articles/usd-chf-franc-got-to-the-top-4944

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GBP/USD Daily Analitycs
07:18 08.11.2017
Recommendation:

SELL 1.3105

SL 1.3160 TP1 1.2890

TP2 1.2710

On the daily chart, GBP/USD is consolidating between 1.3045 and 1.3320. A break of its upper border will create grounds for the pound’s increase to 1.3415 and 1.3520. On the other hand, successful test of support at 1.3045 will increase the risks of the pair going to 200% target of AB=CD.

1510125455-b6b56ed02b1869ac79ae2067aff9c

On H1, after forming “Wolfe waves” USD/CHF formed a “Widening wedge”. As usual, the pair’s advance above 88.6% of the wave 4-5 is used for buying, while the fall below 23.6% is used for selling.

1510125473-2cf183d9aa99dd882e50bd88c66a5

More:
https://fbs.com/analytics/articles/gbp-usd-pound-is-making-wedges-4946

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EUR/USD Daily |Analitycs
08:14 08.11.2017

1510128735-8d1df78766c01fc0c0ea2f568d791

The main local trend is still bearish. The last "Flag" pattern led to a new low. It's likely that the price is going to reach the next support at 1.1533 - 1.1494 in the short term. If a pullback from this area happens little later on, there'll be an opportunity to have a bullish correction.

1510128735-4ec1e8164dd97a97a7a42be11d33e

The 34 Moving Average has acted as resistance, so there's a "Double Top" pattern, which pushed the price to the closest support at 1.1582. The main intraday target is the next resistance at 1.1601 - 1.1605, which could be a departure point for another bearish price movement.

More:
https://fbs.com/analytics/articles/eur-usd-flag-pattern-led-to-new-low-4950

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GBP/USD Daily Analitycs
08:17 08.11.2017

1510128734-4f396cdf10a4ad5036df9066b3f40

The 34 Moving Average has acted as resistance twice, so the market is likely going to achieve the closest support at 1.3120 - 1.3081. If we see a pullback from these levels, bulls will probably try to reach another resistance at 1.3250 - 1.3239.

1510128734-e45c513bc296e6e0cfc38d2c3f91b

There are two "Double Top" patterns in a row, but the Moving Averages are acting as support, so we could have a new local high. If a pullback from the nearest resistance at 1.3177 - 1.3182 happens, bears are likely going to reach the next support area.

More:
https://fbs.com/analytics/articles/gbp-usd-two-double-top-patterns-in-a-row-4951

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EUR/USD Daily Analitycs
11:35 08.11.2017

1510140565-837ce0b0dd1aa5a5e7ae9e6921c50

There're bullish patterns such a "Morning Star" and a "High Wave", which both have been confirmed. So, the 55 Moving Average is likely going to act as resistance. If so, we could have another decline afterwards.

1510140565-dca6a2b906ddd010b272ef3937868

We've got a "Shooting Star", which has been formed on the 55 Moving Average. However, confirmation of this pattern is a quite weak, so we could have a local bearish correction and the following decline littel later on.

More:
https://fbs.com/analytics/articles/eur-usd-shooting-star-4952

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USD/JPY Daily Analitycs
11:38 08.11.2017

1510140565-59470c3a4d0a22ffec4edbf4498c4

The last bearish "Harami" led to the current decline, but the Moving Averages are acting as support. Also, there isn't any reversal pattern so far, which means the price is likely going to continue declining until any bullish pattern forms.

1510140565-9e82d6d12096ff71df317a8ee11a0

The 89 Moving Average has acted as resistance, so we've got a bearish "High Wave" pattern. In this case, the last low is likely going to be broken soon. If any reversal pattern arrives afterwards, we could have a bullish correction towards the nearest resistance.

More:
https://fbs.com/analytics/articles/usd-jpy-bearish-high-wave-pattern-4953

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EUR/USD Daily Analitycs
05:58 09.11.2017

Technical levels: support – 1.1550, 1.1580; resistance – 1.1620, 1.1640.

Trade recommendations:

Sell — 1.1620; SL — 1.1640; TP1 — 1.1580; TP2 – 1.1550
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fixed inside a channel of Tenkan-Kijun and may go to the bottom border of a Cloud.

1510207086-5974574d0f06c411e972e24d898d2

More:
https://fbs.com/analytics/articles/eur-usd-bulls-can-return-to-cloud-4972

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GBP/USD Daily Analitycs
05:59 09.11.2017
Technical levels: support – 1.3080; resistance – 1.3130, 1.3180.

Trade recommendations:

Sell — 1.3130; SL — 1.3150; TP1 — 1.3080; TP2 — 1.3010.
Reason: expanding bearish Ichimoku Cloud, falling Senkou Span A; an irregular golden cross of Tenkan-sen and Kijun-sen; the market returned to Tenkan-sen in a local correction movement.

1510207086-5838ef800660551113de2aff99712

More:
https://fbs.com/analytics/articles/gbp-usd-bears-got-strength-4973

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